Why the GOP Tax Bill Is So Unpopular
The public seems to be against the plan precisely because they know what’s in it.
by Derek Thompson
Nov 25, 2017
3 minutes
President Donald Trump says he doesn’t want to cut taxes on the rich. His Treasury Secretary Steven Mnuchin said he doesn’t want to cut taxes on the rich. The Democratic Party says they don’t want to cut taxes on the rich. Americans say they don’t want to cut taxes on the rich.
The House and Senate Republican tax bills are taking a different approach: They are cutting taxes on the rich—significantly. Their plans would slash the corporate tax rate by almost
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